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POA

Commercial Property On Auction in Arcadia

Arcadia, Pretoria

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10 338 m²

AUCTION

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Jayson-Lee Collins

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Versatile Mixed-use Redevelopment Opportunity in a High Density Hub - On Auction 16 October

On Auction 16 October - Versatile Mixed-use Redevelopment Opportunity in a High Density Hub

Sterland mall is a developers dream!

This landmark property is located in the heart of Pretoria and is situated in strong trading nodes. The once bustling retail centre had undergone a refurbishment in 2012 and is now looking for a developer to reimagine the space.

The property is ideal for an educational, medical and or residential redevelopment. The property currently has a GAI of R4 923 992 which could potentially subsidise the early stages of the redevelopment.

Key features

- GLA: ± 10 338m²

- ERF: ± 8 208m²

- Zoning "Business 1"

- GAI: ± R5 832 032.40

- reduced mandate